OneAscent Financial Services LLC buys 265 shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

OneAscent Financial Services LLC increased its holdings in Advanced Micro Devices, Inc., according to its latest 13F filing with the Securities and Exchange Commission. (NASDAQ:AMD – Free Report) up 5.1% in the first quarter. The fund owned 5,459 shares of the semiconductor maker after purchasing an additional 265 shares during the period. OneAscent Financial Services LLC’s stake in Advanced Micro Devices was worth $985,000, according to its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the company. Northwest Bank & Trust Co bought a new stake in Advanced Micro Devices in Q4 worth approximately $28,000. Bare Financial Services Inc bought a new stake in Advanced Micro Devices in Q4 worth approximately $29,000. MeadowBrook Investment Advisors LLC bought a new stake in Advanced Micro Devices in Q4 worth approximately $29,000. Gables Capital Management Inc. bought a new stake in Advanced Micro Devices in Q4 worth approximately $29,000. Finally, Kathleen S. Wright Associates Inc. bought a new stake in Advanced Micro Devices in Q4 worth approximately $30,000. Hedge funds and other institutional investors own 71.34% of the company’s shares.

Advanced Micro Devices Price Performance

NASDAQ AMD opened at $162.21 on Friday. The stock’s fifty-day average price is $159.12 and its 200-day average price is $165.05. Advanced Micro Devices, Inc. it has a yearly low of $93.11 and a yearly high of $227.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.64 and a current ratio of 1.92. The company has a market capitalization of $262.18 billion, a price-to-earnings ratio of 238.55, a PEG ratio of 1.84 and a beta of 1.69.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings data on Tuesday, April 30. The semiconductor maker reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.01. The company had revenue of $5.47 billion for the quarter, compared to analysts’ expectations of $5.48 billion. Advanced Micro Devices had a return on equity of 5.72% and a net margin of 4.89%. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period last year, the company reported $0.43 earnings per share. Equity research analysts are forecasting that Advanced Micro Devices, Inc. will report earnings per share of $2.61 for the current year.

Wall Street analysts rate

Multiple research firms have been weighing in on AMD. Jefferies Financial Group began coverage of Advanced Micro Devices in a research report on Monday, May 13th. They set a “buy” rating and a $190.00 price target on the stock. Barclays raised their price target on Advanced Micro Devices from $200.00 to $235.00 and gave the company an “overweight” rating in a research note issued on Monday, March 4th. Truist Financial lowered their price target on Advanced Micro Devices from $174.00 to $162.00 and set a “hold” rating on the company in a research note on Wednesday, May 1st. Cantor Fitzgerald lowered their price target on Advanced Micro Devices from $190.00 to $170.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 1st. Finally, Roth Mkm lowered their price target on shares of Advanced Micro Devices from $190.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, May 1. One investment analyst has rated the stock with a sell rating, three have a hold rating, and twenty-seven have rated the stock with a buy rating. The company has a consensus rating of “Moderate Buy” and an average price target of $190.83, based on data from MarketBeat.com.

Check out our latest AMD stock analysis

Confidential activity

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,200 shares of Advanced Micro Devices stock in a transaction on Friday, June 14th. The shares were sold at an average price of $158.94, bringing the total transaction amount to $2,574,828.00. Following the completion of the transaction, the executive vice president now owns 1,546,227 shares of the company’s stock, valued at approximately $245,757,319.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.73% of the company’s shares.

Advanced Micro Device Profile

(free report)

Advanced Micro Devices, Inc operates as a semiconductor manufacturing company worldwide. It operates in the Data Center, Client, Gaming and Embedded segments. The company offers microprocessors and x86 graphics processing units (GPUs) as accelerated processing units, chipsets, data center and professional graphics processors; and embedded processors, semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technologies, data processing units, field-programmable gate arrays (FPGAs), and adaptive SoC products.

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